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Stellar (XLM) is a cryptocurrency and a blockchain project. It was founded by Jed McCaleb, who is also the founder of Ripple and eDonkey. In 2014, Stellar Development Foundation took over the project after Jed left. In thi article we tell about stellar price prediction
Stellar (XLM) Price History
Stellar (XLM) was founded in 2014 as an open-source protocol for digital currency to facilitate cross-asset transfers of value. It runs on the Stellar Consensus Protocol (SCP), which is based on federated Byzantine agreement (FBA). The network’s native asset, Lumens (Lumens), acts as an intermediary between currencies and allows users to send payments across borders quickly and cheaply.
Stellar launched its initial coin offering (ICO) on Nov. 6, 2017 with 100 billion Stellars available for purchase at $0.002 USD per token with a 20% bonus offered during pre-sale period that lasted until Nov .28th 2017 when all tokens were sold out within 5 seconds after going live! This was followed by another round starting Dec 1st 2017 at $0 .005 per XLM unit but only lasted about 30 minutes before selling out too!
Stellar Overview
Stellar is an open-source protocol for value exchange founded in early 2014 by Jed McCaleb and Joyce Kim. The Stellar network enables money to move directly between people, companies and financial institutions as efficiently as email. This interconnectivity means more access for individuals, lower costs for banks, and more revenue for businesses.
Stellar’s mission is to promote global financial access through its technology platform that allows you to move money quickly, reliably, and at almost no cost. They aim to expand worldwide partner networks so everyone can offer products on top of the Stellar network through an API integration or white label solution – whether it’s fiat currency conversion into cryptocurrency or vice versa; international payments between countries with different currencies; a remittance provider sending funds across borders; mobile phone providers allowing customers without bank accounts into their financial services ecosystem by providing them with digital wallets built on top of Stellar technology platform etc..
Stellar Price Analysis
Stellar is a decentralized platform that connects banks, payments systems and people. It is an open-source protocol for value exchange. The Stellar network is a distributed ledger built on top of the Stellar protocol.
The Lumen (XLM) is the native asset of this platform and acts as its medium of exchange. The XLM price has grown significantly since its launch in 2014, with its market cap being worth $5 billion at one point in 2018 alone! In this article, we’ll talk about what makes Stellar so popular among investors, how it works as well as give our prediction on its future price action!
Stellar price prediction for the years 2023-2030 has been presented. As the crypto market recovers, it is expected that the price of XLM will rise, with a maximum price of $0.186458 in 2023 and a minimum of $0.124305. In 2024, the average price will be around $0.25897 with a maximum of $0.290046, and a minimum of $0.227893 in the case of a bear market.
In 2025, the expected growth of crypto in various sectors may result in a maximum price of $0.393634 for XLM, while the average price will be around $0.362557, with a minimum of $0.331481. By 2026, the continued growth of capital in the crypto market may result in a maximum price of $0.497222 for XLM, while the average price will be around $0.466145, with a minimum of $0.435069 in the case of a sell-off.
By 2027, XLM could reach a maximum price of $0.60081 with an average of $0.569733 and a minimum of $0.538657, considering its adoption by countries worldwide. In 2028, the regulators’ acceptance of crypto may result in XLM reaching a maximum price of $0.704397 and an average of $0.673321, with a minimum of $0.642245.
In 2029, due to the growth over the last five years, Stellar may see another major bull, with a maximum price of $0.807985, an average of $0.776909, and a minimum of $0.745833. Finally, for 2030, market sentiment predicts a rally for XLM towards $0.911573, with an average price of $0.880497 and a bottom-out of $0.84942 if it fails to gain support.
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Summary
The Stellar network is an open-source blockchain network that was created by Jed McCaleb and Joyce Kim in 2014. The network aims to provide a universal financial platform where people can exchange money and assets in a decentralized manner. XLM is the native cryptocurrency of the Stellar network used for transactions between users on the platform. The project has been gaining popularity lately due to its strong partnerships with major institutions such as IBM who are using Stellar’s blockchain technology to process payments between banks
Ethan Moore, crypto and stock trader since 2012. Co-founder of Blockwatch experts team.